Euro to Pound Exchange Rate Slides despite Signs of Strength in Eurozone Inflation Figures Despite this morning’s key Eurozone ecostats coming in slightly higher than expected in some notable prints, the Euro to Pound Sterling (EUR/GBP) exchange rate has been sliding from its best levels in months this morning. Due to...
Global Economy Week Ahead: Eurozone Inflation and GDP, U.S. Jobs ReportEurozone inflation is expected to decline for a second straight month, to 1.3% in JanuaryByWSJ Staff Jan. 28, 2018 3:00 p.m. ET This week features inflation and unemployment figures from both the U.S. and the eurozone, while a reading...
Friday’s eurozone summit ended with an agreement to finalise the banking union by June, but the future of the fiscal union remains unclear as leaders remained divided.The two-day EU Summit concluded today with a gathering of the 19 eurozone members.But their discussion failed to remove any of the stumbling blocks...
Eurostat figures show output in the 19 countries sharing the euro fell by 0.3 percent on the month, in line with market expectations, with the second and third largest economies in the area leading the loss. The monthly fall also follows a decrease on the previous month, when...
- Concerns regarding a potential US-China trade war and a snag in NAFTA negotiations have hit global equity markets at the start of the week.- Further deterioration in Eurozone data has weighed on EUR/USD this morning. For longer-term technical and fundamental analysis, and to view DailyFX analysts’ top trading...
Turkey has been almost constantly in the news over the past year, as troubling headlines about its economy and political situation continue to pile up. In a currency meltdown that escalated last summer, the Turkish lira has plunged by nearly 40%, threatening the Turkish economy ...
With Germany's chancellor Angela Merkel facing a rebellion in her coalition at home over asylum, the declaration is part of her larger bid to reach consensus ahead of the summit and stave off internal political threats to unseat her.This includes meeting French president Emmanuel Macron at a government residence...
Every year, the Financial Times polls some of the top economists to ask about likely developments in the Eurozone economy the year ahead. Our managing director Sony Kapoor has been asked to contribute for the past few years, and the detailed prognosis for 2019 from all of the economists...
We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.You can learn more about our cookie policy here, or by following the link at the bottom of any page on our...
FX WEEK AHEAD OVERVIEW: for the , where we discuss top event risk over the coming days and strategies for trading FX markets around the events listed below.08/26 MONDAY | 12:30 GMT | USD Durable Goods Orders (JUL P)The US economy revolves around consumption trends, given that approximately 70%...